Published: 02.05.13 Produce Grower Magazine Matt McClellan, February 5, 2013 In a downtown Cleveland neighborhood, a seed of renewal is growing in the midst of urban decay. Green City Growers, a 3.25-acre greenhouse, was built in the economically depressed Central neighborhood, surrounded by shuttered businesses and abandoned warehouses. The hydroponic greenhouse will produce leafy greens and herbs for regional grocery stores, food service institutions and wholesalers. It’s also producing a spirit of hope for local residents
By KELLY KEARSLEY Updated Jan. 10, 2013 9:15 a.m. ET The owner of the manufacturing company was in a bind. He was ready to retire in 2009 and wanted to sell his remaining company shares to his employees. But the company’s Employee Stock Ownership Plan didn’t have enough cash to buy him out.”He wanted to see his company continue, and he said, ‘Why wouldn’t I sell it to the employees?’“ financial adviser Rick Scruggs recalls. The
Valuing a Work in Process Inventory Friday, March 7, 2014 1:00 p.m. Central time (CT) and 2:00 p.m. Eastern time (ET)Program ContentThis webinar is a review of two case studies which the presenter has personally been involved in that included one, inventories of livestock and produce products and, two, employed accounting systems that did not include all costs and, therefore, needed to be adjusted in a sale process. The presentation will include how to identify the problem and present solutions adopted.
By Paul Bardaro on Aug 18, 2011 It’s an ongoing challenge for many small business owners in virtually every sector of the economy: figuring out how to motivate and retain employees who are essential to the company’s success without granting them an actual ownership stake. During the recent recession, you probably moved consideration of long-term employee incentive programs to the bottom of the to-do list. However, as the economy slowly climbs out of the doldrums,
KIM BENEDICT Contributed to The Globe and Mail A recent North American engagement survey conducted by Gallup found that 70 per cent of the work force is actively or passively disengaged. Only 41 per cent of employees clearly understand what makes their employers’ brands more unique than the competition. Combine the high costs of training and hiring, then factor in lost revenue and productivity, and it’s no wonder retention keeps business owners awake at night.
A long term Business Ownership Transition Plan has been completed by Gee Asphalt Systems, Inc. Gee Asphalt Systems, Inc. is the ONLY GSB applicator with 40+ years of continuous experience traveling to projects nation-wide. Representation of Gee Asphalt Systems, Inc. in completing this long-term Business Ownership Transitioin Planning Process proudly provided by In conjunction with its team of trusted advisors
By Gretchen Rosswurm on October 14th, 2013 I can’t believe I’m going to do this. I’m about to share my secret weapon for change communications. When I tell you my methods you’ll say, “Right, I knew that all along.” But the real question is, do you apply what you know? Early in my career, I worked at a heavy-manufacturing plant. We were implementing a new product line intended to improve quality, cost and competitiveness. In one way
BY ANDREW SILVER One type of buyer for your company offers more money. The other acquirer is more likely to let you keep running the show. The private equity fund was interested in my deal. The partner said they’d looked at 48 companies in that market sector, and this was the first one they liked. They made a non-binding offer that was attractive to the seller, and began due diligence. Ninety days later, they walked. This
on September 25, 2013 by Billy Fink Last night, Axial hosted a panel discussing exit strategies for portfolio companies. The panel — which was moderated by Jon Marino of theDeal.com — included John S. Castle of Branford Castle, Tim Shanley of Huron-backed Victoria Fine Foods, and Elgin Thompson of Marcum Cronus. Using their experiences as a buyer, operator, and intermediary respectively, the three discussed major trends and techniques currently impacting exit strategies. Below are some of the key takeaways from the
The Des Moines Register interviewed me recently and I was surprised to get an email from a friend alerting me to it New Year’s Eve. I hope you enjoy it. Job description: We have created a business model to help business owners develop and execute an ownership transition strategy. You will notice we use ownership transition planning instead of “exit planning” or “succession planning,” because we believe that transitioning the ownership of a business involves much